Pi Coin Surpasses Major Cryptocurrencies in Record-Breaking Surge

Terfa Ukende
views : 67

In a remarkable turn of events, Pi Coin, the native token of the Pi Network, has reportedly overtaken major cryptocurrencies like Bitcoin, Ethereum, Litecoin, Binance BNB, and Solana in less than 24 hours since its listing on exchanges. The astonishing surge saw Pi Coin’s value skyrocket by an unprecedented 37,400%, reaching an astonishing $35,000, as per data shared by Atlantis Exchange on X ( formerly Twitter)

Since the inception of Bitcoin in 2009 by Satoshi Nakamoto, no other cryptocurrency has achieved such a monumental feat within such a short span. The surge in Pi Coin’s value has captured the attention of the crypto community worldwide.

However, it’s essential to note that the price of Pi Coin may vary across different exchanges. While it soared on the Atlantis Exchange, its value on Huobi has seen a 13% drop, currently standing at $164.72.

At the time of writing, the prices of other leading cryptocurrencies are as follows: Bitcoin (BTC) at $16,706.52, Ethereum (ETH) at $1,217.32, Binance (BNB) at $246.40, Litecoin (LTC) at $75.61, and Solana (SOL) at $11.04. In stark contrast, Pi Coin is trading at an unprecedented $35,000, making it the most expensive cryptocurrency available in the market.

What is Pi Network?

The Pi Network, conceptualized by Nicolas Kokkalis and Chengdiao Fan of Stanford University, aims to make digital currency accessible to everyone. The project commenced in 2018, with the release of the Pi Network app and the publication of a whitepaper on March 14, 2019.

One notable aspect of the Pi Network project is its emphasis on environmental sustainability, a factor that could attract environmentally-conscious investors. This focus is particularly significant given the criticism the crypto market often faces for its high energy consumption, primarily attributed to processes like proof-of-work (PoW).

The surge in Pi Coin’s value underscores the growing influence of the Pi Network in the cryptocurrency space and raises questions about its potential impact on the broader market. As investors and analysts closely monitor these developments, the future trajectory of Pi Coin remains a subject of intense speculation and interest.

As the cryptocurrency landscape continues to evolve rapidly, Pi Coin’s unprecedented surge serves as a reminder of the market’s unpredictability and the potential for disruptive innovations to redefine established norms. Read Similar Story

Share This Article
  • Keep mining Pi! Reactivate if you have given up! Pi is well worth your few second a day effort. It is the only free mining Layer 1 crypto project with over 100 million people joined and 50 million miners active. Remember , money goes to wherever people are. Pi communities in over 230 countries worldwide are the most vibrant communities. It has over 3.1 million followers in X and will soon catch up with the 2nd most popular crypto Ethereum ‘s 3.2 million. The long journey of 5 year development is near completion. Pi Network has plan to open mainnet in 2024, your efforts will be greatly rewarded soon! The Pi IOU has been trading in several exchanges since January 2023 and the price is at over $30/Pi. Why do you think that it can commend such a high price before it even officially goes public? Please think harder!

    Mine Pi for free on your phone!
    I am sending you 1π! To claim your Pi, follow link https://minepi.com/yajer72 use (yajer72), your invitation code.

  • Dotchain mainnet is launching 50X to 90X faster than any other blockchain project, which allows users to earncoins using a handy device. Use this link to join and start mining DOT & Play games to Win ACE https://dotchain.network/refer/mejqazi Use my invitation code(mejqazi)to get 1.5/hour base rate.

  • FREE RUBIES.($7.76 per one)
    Join me now for free mining of digital assets in Rubi Block!,It’s real,KYC is in Progress! Let’s click to link:
    https://rubi.click/join/QAZI222
    Enter the code “QAZI222”
    Mine 1.4 RUBI($7.76)Per day for free!(ONLY ONE CLICK PER DAY).

Leave a Reply

Your email address will not be published. Required fields are marked *